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SUN COMMUNITIES INC

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 28, 2025

SUI$120.33+0.0%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Item 2. PROPERTIES

As of December 31, 2024, our properties were located in the U.S., the UK and Canada, and consisted of 288 MH communities, 166 RV communities, 138 marinas, and 53 UK communities.

As of December 31, 2024, our properties contained an aggregate of 225,150 developed sites comprised of 97,430 developed MH sites, 32,100 annual RV sites (inclusive of both annual and seasonal usage rights), 24,830 transient RV sites, 17,690 UK annual sites, 4,340 UK transient RV sites, and 48,760 wet slips and dry storage spaces. There are 16,570 additional MH, RV, and UK sites suitable for development. Most of our properties include amenities oriented toward family and retirement living. Of our 645 properties, 316 properties have 300 or more developed sites, with the largest having 2,340 developed MH and RV sites. See "Real Estate and Accumulated Depreciation, Schedule III," included in our Consolidated Financial Statements, for detail on properties that are encumbered.

As of December 31, 2024, our MH and RV properties had an occupancy rate of 97.0% excluding transient RV sites. Since January 1, 2020, our MH and RV properties have a five-year average annual turnover of homes (where the home is moved out of the community) of approximately 3.4% and a five-year average annual turnover of residents (where the resident-owned home is sold and remains within the community, typically without interruption of rental income) of approximately 6.3%. The average renewal rate for residents in our Rental Program was 68.1% for the year ended December 31, 2024.

We believe that our properties' high amenity levels, customer service loyalty, and customer retention program contribute to low turnover and generally high occupancy rates. All of the properties provide residents with attractive amenities with most offering a clubhouse, a swimming pool and laundry facilities. Many of the properties offer additional amenities such as sauna / whirlpool spas, tennis courts, shuffleboard, basketball courts and / or exercise rooms. Many RV communities offer incremental amenities including golf, pro shops, restaurants, zip lines, waterparks, watersports, and thematic experiences.

Our MH and RV communities are principally located in the midwestern, southern and southeastern regions of the U.S., in the south of England in the UK and in Canada. Our marinas are principally located in the northeastern, southern, mid-Atlantic, western and midwestern regions of the U.S., with the majority of such marinas concentrated in coastal regions, and others located in various inland regions. We believe that geographic diversification helps to insulate the portfolio from regional economic influences. We have concentrated our properties within certain areas of the regions in order to achieve economies of scale in management and operations.

The following tables set forth certain information relating to our MH, RV, and UK properties as of December 31, 2024. The occupancy percentage includes MH sites and annual RV sites and excludes transient RV sites.

Property NameSegmentCity / County (UK Only)State / CountryMH and Annual RV Sites as of 12/31/2024Transient RV Sites as of 12/31/2024Occupancy as of 12/31/2024Occupancy as of 12/31/2023
NORTH AMERICA
UNITED STATES
MIDWEST
Michigan
Academy / West PointMHCantonMI440—99.3%99.5%
Allendale MeadowsMHAllendaleMI350—98.0%99.7%
Alpine MeadowsMHGrand RapidsMI400—99.3%99.3%
AndoverMHGrass LakeMI130—100.0%97.6%
Apple Carr VillageMHMuskegonMI710—97.9%97.3%
Arbor WoodsMHYpsilantiMI460—99.6%98.9%
Brentwood VillageMHKentwoodMI200—97.9%96.4%
Broadview EstatesMHDavisonMI470—99.6%98.7%
Brookside VillageMHKentwoodMI200—99.5%99.5%
Byron CenterMHByron CenterMI140—100.0%97.9%
Camelot VillaMHMacombMI700—98.6%98.5%
Charlevoix EstatesMHCharlevoixMI180—100.0%99.5%
Cider Mill CrossingsMHFentonMI620—100.0%98.6%
Cider Mill VillageMHMiddlevilleMI260—98.1%98.1%
Country AcresMHCadillacMI180—97.3%94.5%
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Country Hills VillageMHHudsonvilleMI240—100.0%100.0%
Country MeadowsMHFlat RockMI580—99.0%97.4%
Country Meadows VillageMHCaledoniaMI400—100.0%100.0%
Creek WoodMHBurtonMI340—98.8%98.8%
Cutler EstatesMHGrand RapidsMI260—99.2%98.8%
Dutton Mill VillageMHCaledoniaMI310—99.3%99.3%
East Village EstatesMHWashington Twp.MI710—98.7%99.3%
EgelcraftMHMuskegonMI460—98.7%99.6%
Fisherman's CoveMHFlint Twp.MI160—99.4%98.8%
Fox RunMHBoyne CityMI140—42.1%(1)16.4%(1)
Frenchtown Villa / Elizabeth WoodsMHNewportMI1,140—99.2%97.5%
Grand VillageMHGrand RapidsMI220—96.3%95.9%
HamlinMHWebbervilleMI230—98.3%100.0%
Hickory Hills VillageMHBattle CreekMI280—98.2%99.6%
Highland Greens EstatesMHHighlandMI880—79.5%76.0%
Holiday West VillageMHHollandMI340—99.1%99.7%
Holly Village / Hawaiian GardensMHHollyMI430—98.6%97.9%
Hunters CrossingMHCapacMI110—96.5%100.0%
Hunters GlenMHWaylandMI420—96.7%99.5%
Huntington RunMHKalamazooMI210—85.9%(1)84.5%(1)
Jellystone Park™ Petoskey(2)RVPetoskeyMI60230100.0%100.0%
Kensington MeadowsMHLansingMI290—98.6%98.3%
Kimberly EstatesMHNewportMI390—98.7%97.9%
King's CourtMHTraverse CityMI800—99.4%99.5%
Knollwood EstatesMHAllendaleMI160—98.1%98.1%
Lafayette PlaceMHWarrenMI250—97.6%96.5%
LakeviewMHYpsilantiMI390—98.2%99.0%
Leisure VillageMHBelmontMI260—100.0%100.0%
Lincoln EstatesMHHollandMI190—99.0%99.5%
Meadow Lake EstatesMHWhite LakeMI420—98.8%99.5%
Meadowbrook EstatesMHMonroeMI450—98.0%96.5%
Meadowlands of GibraltarMHGibraltarMI320—99.4%99.4%
MeadowstoneMHHastingsMI230—96.5%95.7%
Northville CrossingMHNorthvilleMI760—99.7%99.7%
Oak Island VillageMHEast LansingMI250—99.2%98.4%
Pinebrook VillageMHKentwoodMI190—98.9%99.5%
Pineview EstatesMHFlintMI1,010—97.5%95.7%
Presidential EstatesMHHudsonvilleMI360—98.9%99.2%
Richmond PlaceMHRichmondMI120—99.1%99.1%
River Haven VillageMHGrand HavenMI720—99.7%98.6%
River RidgeMHSalineMI290—99.7%99.7%
Rudgate ClintonMHClinton TownshipMI670—99.4%98.8%
Rudgate ManorMHSterling HeightsMI930—98.9%98.4%
Scio FarmsMHAnn ArborMI910—98.9%99.6%
Sheffield EstatesMHAuburn HillsMI230—99.1%96.9%
Shelby ForestMHShelby Twp.MI660—100.0%98.6%
Shelby WestMHShelby Twp.MI640—99.2%99.8%
Silver SpringsMHClinton TownshipMI550—100.0%98.5%
Southwood VillageMHGrand RapidsMI390—98.2%98.2%
St. Clair PlaceMHSt. ClairMI100—97.0%98.0%
StonebridgeMHRichfield Twp.MI——N/A(1)N/A(1)
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Sun Outdoors Kensington Valley(2)RVNew HudsonMI400100100.0%100.0%
Sun Outdoors Petoskey Bay Harbor(2)RVPetoskeyMI30130100.0%100.0%
Sun Retreats Gun Lake(2)RVHopkinsMI31020100.0%100.0%
Sun Retreats Silver Lake(2)RVMearsMI23030100.0%100.0%
Sunset RidgeMHPortlandMI500—93.0%88.2%(1)
Sycamore VillageMHMasonMI400—99.2%99.2%
Sylvan CrossingMHChelseaMI280—65.1%(1)54.4%(1)
Sylvan Glen EstatesMHBrightonMI480—99.6%98.9%
Tamarac VillageMHLudingtonMI300—99.7%99.3%
Tamarac Village RV ResortRVLudingtonMI110—100.0%100.0%
Tanglewood VillageMHBrownstownMI250—100.0%100.0%
Timberline EstatesMHCoopersvilleMI300—99.0%99.0%
Town & CountryMHTraverse CityMI190—99.0%99.5%
Troy VillaMHTroyMI280—92.9%90.8%
Warren Dunes VillageMHBridgmanMI310—100.0%100.0%
Waverly Shores VillageMHHollandMI410—99.8%99.8%
West Village EstatesMHRomulusMI630—99.4%98.9%
White LakeMHWhite LakeMI320—97.8%98.7%
Windham HillsMHJacksonMI470—98.7%98.1%
Windsor Woods VillageMHWaylandMI310—99.4%99.4%
Woodhaven PlaceMHWoodhavenMI220—98.2%99.5%
Michigan Total33,02051097.7%97.1%
Indiana
Brookside ManorMHGoshenIN570—99.5%99.1%
Carrington PointeMHFort WayneIN470—98.5%99.4%
Clear WaterMHSouth BendIN230—99.1%98.7%
Cobus GreenMHOsceolaIN380—99.0%99.7%
Four SeasonsMHElkhartIN220—99.1%97.2%
Jellystone Park™ at Barton Lake(2)(3)RVFremontIN70490100.0%100.0%
Pebble CreekMHGreenwoodIN300—100.0%99.3%
Pine HillsMHMiddleburyIN130—100.0%97.7%
Roxbury ParkMHGoshenIN400—99.0%95.7%
Sun Outdoors Lake Rudolph(2)(3)RVSanta ClausIN—530N/AN/A
The WillowsMHGoshenIN170—99.4%93.7%(1)
Indiana Total2,9401,02099.2%98.3%
SOUTH
Texas
Austin Lone Star(2)RVAustinTX9070100.0%100.0%
Bluebonnet LakeMHAustinTX——N/A(1)N/A(1)
Boulder RidgeMHPflugervilleTX1,220—99.3%99.3%
Branch Creek EstatesMHAustinTX400—99.8%99.8%
Chisholm PointMHPflugervilleTX430—99.3%99.5%
Comal FarmsMHNew BraunfelsTX370—99.7%98.9%
Creeks CrossingMHKyleTX270—86.8%(1)94.9%(1)
Jellystone Park™ at Guadalupe River(2)(3)RVKerrvilleTX10250100.0%N/A
Jellystone Park™ at Hill Country(2)(3)RVCanyon LakeTX—170100.0%N/A
Jellystone Park™ at Waller(2)(3)RVWallerTX—350100.0%N/A
Jellystone Park™ at Wichita Falls(2)(3)RVWichita FallsTX—160100.0%N/A
Lantana Ranch SouthMHBrookshireTX——N/A(1)N/A(1)
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Oak CrestMHAustinTX650—97.7%97.9%
Pearwood(2)RVPearlandTX13010100.0%100.0%
Pecan BranchMHGeorgetownTX230—99.1%98.7%
Pine Acre TrailsMHConroeTX250—78.9%(1)44.2%(1)
Pine TraceMHHoustonTX680—98.5%98.2%
River RanchMHAustinTX850—99.5%99.4%
River Ridge EstatesMHAustinTX520—98.3%99.0%
SaddlebrookMHSan MarcosTX560—97.7%99.3%
Sandy LakeMHCarrolltonTX50—100.0%100.0%
Sandy Lake RV Resort(2)RVCarrolltonTX21010100.0%100.0%
Space City Ellington(2)RVHoustonTX18030100.0%100.0%
StonebridgeMHSan AntonioTX340—99.7%99.1%
Summit RidgeMHConverseTX440—98.7%97.8%
Sun Outdoors Lake Travis(2)RVAustinTX150100100.0%100.0%
Sun Retreats San Antonio West(2)RVSan AntonioTX110150100.0%100.0%
Sun Retreats Texas Hill Country(2)RVNew BraunfelsTX170200100.0%100.0%
Sunset RidgeMHKyleTX450—83.7%(1)72.5%(1)
Traveler's WorldMHSan AntonioTX10—100.0%100.0%
Traveler's World RV Resort(2)RVSan AntonioTX30120100.0%100.0%
Treetops(2)RVArlingtonTX12050100.0%100.0%
Woodlake TrailsMHSan AntonioTX320—98.4%99.1%
Texas Total9,2401,67097.4%96.1%
SOUTHEAST
Florida
Arbor Terrace(2)RVBradentonFL35020100.0%100.0%
Ariana VillageMHLakelandFL210—99.5%99.5%
Bahia Vista EstatesMHSarasotaFL250—92.8%99.2%
Baker Acres(2)RVZephyrhillsFL33030100.0%100.0%
Big Tree(2)RVArcadiaFL40010100.0%100.0%
Blue Heron PinesMHPunta GordaFL410—98.3%99.3%
Blue JayMHDade CityFL210—98.1%98.1%
Blue Jay RV ResortRVDade CityFL50—100.0%100.0%
Blueberry Hill(2)RVBushnellFL39010100.0%100.0%
Brentwood EstatesMHHudsonFL190—100.0%99.5%
Buttonwood BayMHSebringFL410—99.5%99.3%
Buttonwood Bay RV Resort(2)RVSebringFL45090100.0%100.0%
Candlelight ManorMHSouth DaytonaFL130—100.0%98.4%
Carriage CoveMHSanfordFL470—99.6%99.6%
Central ParkMHHaines CityFL130—97.7%83.6%(1)
Central Park RV Resort(2)RVHaines CityFL260100100.0%100.0%
Citrus Hill(2)RVDade CityFL18010100.0%100.0%
Club WildwoodMHHudsonFL480—99.6%99.6%
Colony in the WoodMHPort OrangeFL380—94.8%94.5%
Cypress GreensMHLake AlfredFL260—98.8%99.2%
DeerwoodMHOrlandoFL570—99.8%99.8%
Ellenton Gardens(2)RVEllentonFL17020100.0%100.0%
Fairfield VillageMHOcalaFL290—99.7%100.0%
Flamingo Lake(2)RVJacksonvilleFL230190100.0%100.0%
Forest ViewMHHomosassaFL300—98.7%98.7%
Glen HavenMHZephyrhillsFL50—100.0%100.0%
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Glen Haven RV Resort(2)RVZephyrhillsFL21010100.0%100.0%
GoldcoasterMHHomesteadFL540—99.6%98.9%
Goldcoaster RV ResortRVHomesteadFL10—100.0%100.0%
Grand BayMHDunedinFL130—94.8%100.0%
Grove Ridge(2)RVDade CityFL22030100.0%100.0%
Gulfstream HarborMHOrlandoFL970—99.8%99.8%
Hacienda Del RioMHEdgewaterFL800—94.8%90.9%(1)
Hidden River(2)RVRiverviewFL27040100.0%100.0%
Holly ForestMHHolly HillFL400—100.0%99.8%
Horseshoe Cove RV Resort(2)RVBradentonFL42060100.0%100.0%
Indian CreekMHFt. Myers BeachFL60—100.0%—%(4)
Indian Creek RV Resort(2)RVFt. Myers BeachFL330220100.0%—%(4)
Island LakesMHMerritt IslandFL300—100.0%100.0%
King's LakeMHDeBaryFL250—100.0%100.0%
Kings ManorMHLakelandFL240—97.1%98.7%
Kings PointeMHLake AlfredFL230—100.0%100.0%
Kissimmee GardensMHKissimmeeFL240—100.0%99.6%
Kissimmee SouthMHDavenportFL140—98.6%96.5%
Kissimmee South RV Resort(2)RVDavenportFL16030100.0%100.0%
La Costa VillageMHPort OrangeFL660—100.0%100.0%
Lake Juliana LandingsMHAuburndaleFL270—99.3%99.3%
Lake San Marino RV Park(2)RVNaplesFL32080100.0%100.0%
Lakeland(2)RVLakelandFL23010100.0%100.0%
Lakeshore LandingsMHOrlandoFL310—99.7%99.7%
Lakeshore VillasMHTampaFL280—99.3%99.6%
LamplighterMHPort OrangeFL260—99.2%99.2%
Majestic Oaks(2)RVZephyrhillsFL24020100.0%100.0%
Marco Naples(2)RVNaplesFL22080100.0%100.0%
Meadowbrook VillageMHTampaFL260—100.0%100.0%
Mill CreekMHKissimmeeFL30—100.0%100.0%
Mill Creek RV ResortRVKissimmeeFL150—100.0%100.0%
North Lake(2)RVMoore HavenFL24040100.0%100.0%
Oakview EstatesMHArcadiaFL120—97.5%92.4%
Ocean Breeze Resort - Jensen BeachMHJensen BeachFL360—85.2%(1)87.5%(1)
Ocean Breeze Resort - Jensen Beach RV Resort(2)RVJensen BeachFL4070100.0%100.0%
Ocean Breeze - MarathonMHMarathonFL50—100.0%100.0%
Ocean Breeze - Marathon RV ResortRVMarathonFL——N/A(5)N/A(5)
Ocean ViewMHJensen BeachFL70—32.4%(1)11.3%(1)
Orange CityMHOrange CityFL——100.0%100.0%
Orange City RV Resort(2)RVOrange CityFL52010100.0%100.0%
Orange Tree VillageMHOrange CityFL250—100.0%100.0%
Paddock Park SouthMHOcalaFL190—87.2%84.6%
Palm Key VillageMHDavenportFL200—99.5%100.0%
Palm VillageMHBradentonFL150—98.6%100.0%
Park PlaceMHSebastianFL480—97.9%97.9%
Park RoyaleMHPinellas ParkFL310—99.7%99.0%
Pecan Park(2)RVJacksonvilleFL180150100.0%100.0%
Pelican BayMHMiccoFL220—96.8%97.7%
Pleasant Lake RV Resort(2)RVBradentonFL33010100.0%100.0%
RainbowMHFrostproofFL40—100.0%100.0%
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Rainbow RV ResortRVFrostproofFL460—100.0%100.0%
Rainbow Village Largo(2)RVLargoFL28020100.0%100.0%
Rainbow Village Zephyrhills(2)RVZephyrhillsFL37010100.0%100.0%
Red OaksMHBushnellFL100—91.3%92.2%
Red Oaks RV Resort(2)RVBushnellFL720190100.0%100.0%
Regency HeightsMHClearwaterFL390—99.5%100.0%
Riverside ClubMHRuskinFL730—97.7%96.7%
Royal CountryMHMiamiFL860—99.9%99.9%
Royal Palm VillageMHHaines CityFL400—90.4%88.9%
Saddle Oak ClubMHOcalaFL380—99.7%99.7%
Saralake EstatesMHSarasotaFL200—98.5%100.0%
Savanna ClubMHPort St. LucieFL1,080—98.6%98.1%
SerendipityMHNorth Fort MyersFL340—95.9%90.5%
Settler's Rest(2)RVZephyrhillsFL33050100.0%100.0%
Shadow Wood VillageMHHudsonFL260—98.5%96.9%
Shady Road VillasMHOcalaFL130—96.1%95.3%
Shell CreekMHPunta GordaFL50—90.7%92.6%
Shell Creek RV Resort(2)RVPunta GordaFL15020100.0%100.0%
Siesta Bay(2)RVFt. MyersFL190290100.0%—%(4)
Southern CharmMHZephyrhillsFL——100.0%100.0%
Southern Charm RV Resort(2)RVZephyrhillsFL46040100.0%100.0%
Southern Leisure RV Resort(2)RVChieflandFL47030100.0%100.0%
Southport Springs Golf & Country ClubMHZephyrhillsFL550—99.6%99.5%
Spanish MainMHThonotosassaFL60—96.4%98.2%
Spanish Main RV Resort(2)RVThonotosassaFL26020100.0%100.0%
StonebrookMHHomosassaFL220—93.5%(1)94.0%(1)
Sun Outdoors IslamoradaMHIslamoradaFL60—57.1%(5)42.9%(5)
Sun Outdoors Islamorada RV Resort(2)RVIslamoradaFL—90100.0%100.0%
Sun Outdoors Key Largo(2)RVKey LargoFL1030100.0%100.0%
Sun Outdoors Marathon(2)RVMarathonFL1080100.0%100.0%
Sun Outdoors Panama City BeachMHPanama City BeachFL40—100.0%100.0%
Sun Outdoors Panama City Beach RV Resort(2)RVPanama City BeachFL10140100.0%N/A
Sun Outdoors Sarasota(2)RVSarasotaFL1,180340100.0%100.0%
Sun Outdoors St. Augustine(2)RVSt. AugustineFL50120100.0%N/A
Sun Outdoors Sugarloaf Key(2)(3)RVSummerland KeyFL—190N/AN/A
Sun Retreats Crystal River(2)RVCrystal RiverFL33070100.0%100.0%
Sun Retreats Daytona Beach(2)RVPort OrangeFL16070100.0%100.0%
Sun Retreats Dunedin(2)RVDunedinFL16080100.0%100.0%
Sun Retreats Estero Bay(2)RVFort MyersFL27030100.0%100.0%
Sun Retreats Fort Myers Beach(2)RVFt. MyersFL110150100.0%N/A(4)
Sun Retreats Homosassa River(2)RVHomosassa SpringsFL110110100.0%100.0%
Sun Retreats Lake JosephineRVSebringFL180—100.0%100.0%
Sun Retreats Naples(2)RVNaplesFL15020100.0%100.0%
Sun Retreats Naples East(2)RVNaplesFL27030100.0%100.0%
Sun Retreats Ocala Orange Lake(2)RVCitraFL36050100.0%100.0%
Sun Retreats Orlando ChampionsGateMHDavenportFL40—65.1%(1)67.4%(1)
Sun Retreats Orlando ChampionsGate RV Resort(2)RVDavenportFL120130100.0%100.0%
Suncoast GatewayMHPort RicheyFL170—98.8%98.8%
Sunlake EstatesMHGrand IslandFL420—97.8%97.3%
Sunset Harbor at Cow Key MarinaMHKey WestFL80—98.7%98.7%
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Sweetwater(2)RVZephyrhillsFL24050100.0%100.0%
Tallowwood IsleMHCoconut CreekFL280—97.8%97.1%
Tampa EastMHDoverFL30—100.0%100.0%
Tampa East RV Resort(2)RVDoverFL65020100.0%100.0%
The Hamptons Golf & Country ClubMHAuburndaleFL830—99.4%99.9%
The HideawayMHKey WestFL10—100.0%100.0%
The HillsMHApopkaFL100—100.0%99.0%
The Landings at Lake HenryMHHaines CityFL390—100.0%99.5%
The RidgeMHDavenportFL480—98.5%99.4%
The ValleyMHApopkaFL150—100.0%100.0%
ThemeWorldMHDavenportFL130—68.2%N/A
ThemeWorld RV Resort(2)RVDavenportFL130130100.0%100.0%
Three Lakes(2)RVHudsonFL29020100.0%100.0%
Tranquility MHCMHBushnellFL30—52.0%48.0%
Vista del LagoMHBradentonFL140—97.8%99.3%
Vista del Lago RV ResortRVBradentonFL40—100.0%100.0%
Vizcaya LakesMHPort CharlotteFL120—86.0%88.9%
Walden Woods IMHHomosassaFL210—100.0%100.0%
Walden Woods IIMHHomosassaFL210—100.0%100.0%
Water Oak Country Club EstatesMHLady LakeFL1,610—81.4%(1)80.0%(1)
Waters Edge(2)RVZephyrhillsFL20020100.0%100.0%
Westside RidgeMHAuburndaleFL220—100.0%100.0%
Windmill VillageMHDavenportFL510—99.6%99.8%
Woodlands at Church LakeMHGrovelandFL290—94.4%92.7%
Florida Total41,4703,98097.9%97.7%
Virginia
Jellystone Park™ Chincoteague Island(2)(3)RVChincoteagueVA50300100.0%100.0%
Jellystone Park™ at Luray(2)(3)RVEast LurayVA—240100.0%N/A
Jellystone Park™ at Natural Bridge(2)(3)RVNatural Bridge StationVA70210100.0%100.0%
Pine RidgeMHPrince GeorgeVA380—100.0%99.7%
Sun Outdoors Cape Charles(2)(3)RVCape CharlesVA70600100.0%100.0%
Sun Outdoors Chesapeake Bay(2)(3)RVTemperancevilleVA100150100.0%N/A
Sun Outdoors Chincoteague Bay(2)(3)RVChincoteagueVA20190100.0%N/A(1)
Sun Retreats Gwynn's Island(2)RVGwynnVA12010100.0%100.0%
Sun Retreats New PointRVNew PointVA320—100.0%100.0%
Sun Retreats Shenandoah Valley(2)RVStuarts DraftVA490100100.0%100.0%
Sunset Beach RV Resort(2)(3)RVCape CharlesVA50240100.0%100.0%
Virginia Total1,6702,040100.0%99.9%
SOUTHWEST
California
49'er Village(2)RVPlymouthCA130200100.0%100.0%
Alta LagunaMHRancho CucamongaCA300—100.0%100.0%
Bel Air EstatesMHMenifeeCA200—91.9%89.9%
Caliente SandsMHCathedral CityCA120—99.2%99.2%
Cisco Grove Campground & RV(2)(3)RVEmigrant GapCA—60N/A100.0%
El Capitan Canyon(2)(3)RVGoletaCA—160N/AN/A
El Capitan Horse RanchRVGoletaCA——N/A(1)N/A(1)
Forest SpringsMHGrass ValleyCA370—96.2%93.3%(1)
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Friendly Village of La HabraMHLa HabraCA330—100.0%100.0%
Friendly Village of ModestoMHModestoCA290—99.3%99.3%
Friendly Village of SimiMHSimi ValleyCA220—100.0%100.0%
Friendly Village of West CovinaMHWest CovinaCA160—100.0%99.4%
HeritageMHTemeculaCA200—100.0%100.0%
Indian Wells(2)RVIndioCA190150100.0%100.0%
Jellystone Park™ at Tower Park(2)(3)RVLodiCA—360100.0%N/A
LakefrontMHLakesideCA290—99.7%100.0%
Lakeview EstatesMHYucaipaCA300—100.0%99.7%
Lazy J RanchMHArcataCA220—100.0%99.1%
Lemon WoodMHVenturaCA230—100.0%100.0%
Napa ValleyMHNapaCA260—99.6%99.6%
Oak CreekMHCoarsegoldCA200—100.0%100.0%
Ocean WestMHMcKinleyvilleCA130—99.2%99.2%
Palos Verdes Shores MH & Golf CommunityMHSan PedroCA240—100.0%100.0%
Pembroke DownsMHChinoCA160—100.0%100.0%
Pismo Dunes ResortRVPismo BeachCA330—100.0%100.0%
Rancho AlipazMHSan Juan CapistranoCA130—100.0%100.0%
Rancho CaballeroMHRiversideCA300—100.0%99.3%
Royal PalmsMHCathedral CityCA440—99.1%99.1%
Royal Palms RV ResortRVCathedral CityCA40—100.0%100.0%
Sun Outdoors Central Coast Wine Country(2)RVPaso RoblesCA—200N/AN/A
Sun Outdoors Paso Robles(2)(3)RVPaso RoblesCA—330N/AN/A
Sun Outdoors San Diego Bay(3)MHSan DiegoCA——N/A(1)N/A(1)
Sun Outdoors San Diego Bay RV Resort(2)(3)RVSan DiegoCA—250N/AN/A
Sun Outdoors Santa Barbara(2)(3)RVGoletaCA—100N/AN/A
Sunrise EstatesMHBanningCA180—95.0%91.7%(1)
The ColonyMHOxnardCA150—100.0%100.0%
VallecitoMHNewbury ParkCA300—100.0%100.0%
Victor VillaMHVictorvilleCA290—100.0%98.6%
Vines(2)RVPaso RoblesCA9030100.0%100.0%
Vista del LagoMHScotts ValleyCA200—100.0%99.5%
California Total6,9901,84099.3%98.8%
Arizona
Blue StarMHApache JunctionAZ——100.0%100.0%
Blue StarRVApache JunctionAZ140—100.0%100.0%
Brentwood WestMHMesaAZ350—99.4%100.0%
Buena VistaMHBuckeyeAZ400—99.3%98.3%
Desert HarborMHApache JunctionAZ210—100.0%99.5%
La Casa BlancaMHApache JunctionAZ200—100.0%99.5%
Leaf Verde(2)RVBuckeyeAZ270110100.0%100.0%
Lost DutchmanMHApache JunctionAZ230—93.4%(1)92.0%(1)
Lost Dutchman RV ResortRVApache JunctionAZ——N/AN/A
Mountain ViewMHMesaAZ170—99.4%97.1%
Palm Creek Resort & ResidencesMHCasa GrandeAZ510—84.6%(1)82.0%(1)
Palm Creek Resort & Residences RV Resort(2)RVCasa GrandeAZ1,130700100.0%100.0%
Rancho MirageMHApache JunctionAZ310—100.0%99.7%
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Sun ValleyMHApache JunctionAZ270—99.6%98.1%
Arizona Total4,19081097.6%96.9%
Colorado
Cave CreekMHEvansCO450—100.0%99.8%
Eagle CrestMHFirestoneCO440—99.8%99.5%
Jellystone Park™ at Larkspur(2)(3)RVLarkspurCO—540N/AN/A
North Point EstatesMHPuebloCO110—97.2%99.1%
SkylineMHFort CollinsCO170—99.4%100.0%
Smith Creek CrossingMHGranbyCO310—48.4%(1)43.2%(1)
Sun Outdoors Rocky MountainsMHGranbyCO40—100.0%100.0%
Sun Outdoors Rocky Mountains RV Resort(2)RVGranbyCO10410100.0%100.0%
Swan Meadow VillageMHDillonCO180—100.0%100.0%
The FoothillsMHFort CollinsCO——N/A(1)N/A(1)
The Grove at Alta RidgeMHThorntonCO410—100.0%99.8%
Timber RidgeMHFt. CollinsCO590—99.7%99.1%
Willow CrossingMHFort LuptonCO220—49.8%(1)11.9%(1)
Colorado Total2,93095090.5%87.0%
NORTHEAST
Connecticut
BeechwoodMHKillingworthCT300—98.7%98.7%
Cedar SpringsMHSouthingtonCT190—98.9%98.4%
Forest HillMHSouthingtonCT190—97.9%99.5%
Grove BeachMHWestbrookCT140—99.3%100.0%
HillcrestMHUncasvilleCT210—99.5%99.0%
LakesideMHTerryvilleCT80—100.0%96.1%
Lakeview CTMHDanburyCT180—98.3%97.2%
Laurel HeightsMHUncasvilleCT50—91.8%91.8%
Marina CoveMHUncasvilleCT20—92.0%92.0%
MillwoodMHUncasvilleCT40—48.9%(1)31.1%(1)
New England VillageMHWestbrookCT60—100.0%100.0%
Oak GroveMHPlainvilleCT40—93.3%93.3%
Rolling HillsMHStorrsCT200—85.5%82.0%
Sun Outdoors Mystic(2)RVOld MysticCT6090100.0%100.0%
Three GardensMHSouthingtonCT130—97.0%98.5%
Yankee VillageMHOld SaybrookCT20—100.0%100.0%
Connecticut Total1,9109095.8%95.0%
Maine
Augusta VillageMHAugustaME60—96.6%94.9%
Birch Hill EstatesMHBangorME380—98.9%99.5%
Hancock Heights EstatesMHHancockME110—100.0%97.3%
Holiday Park EstatesMHBangorME220—98.6%97.7%
Jellystone Park™ Androscoggin Lake(2)(3)RVNorth MonmouthME50160100.0%100.0%
Maplewood ManorMHBrunswickME300—98.6%98.3%
MerrymeetingMHBrunswickME40—100.0%100.0%
Norway CommonsMHNorwayME260—79.4%(1)74.0%(1)
Riverside Drive ParkMHAugustaME160—98.2%92.6%
Sun Outdoors Old Orchard Beach Downtown(2)RVOld Orchard BeachME100210100.0%100.0%
Property NameSegmentCity / County (UK Only)State / CountryMH and Annual RV Sites as of 12/31/2024Transient RV Sites as of 12/31/2024Occupancy as of 12/31/2024Occupancy as of 12/31/2023
Sun Outdoors Saco Old Orchard Beach(2)RVSacoME40150100.0%100.0%
Sun Outdoors Wells Beach(2)(3)RVWellsME30200100.0%N/A
Sun Retreats Wild Acres(2)RVOld Orchard BeachME400230100.0%100.0%
Sun Retreats Old Orchard Beach(2)RVOld Orchard BeachME26030100.0%100.0%
Town & Country VillageMHLisbonME140—98.6%98.6%
Maine Total2,55098097.2%96.0%
New Jersey
Cape May CrossingMHCape MayNJ30—100.0%100.0%
Deep RunMHCream RidgeNJ240—100.0%100.0%
Jellystone Park™ South Jersey(2)(3)RVWilliamstownNJ80150100.0%100.0%
Shady PinesMHGalloway TownshipNJ40—100.0%100.0%
Shady Pines RV Resort(2)RVGalloway TownshipNJ8010100.0%100.0%
Sun Outdoors Cape May(2)(3)RVCape MayNJ110200100.0%100.0%
Sun Retreats Avalon(2)RVCape May Court HouseNJ47060100.0%100.0%
Sun Retreats Cape May Wildwood(2)RVCape MayNJ500130100.0%100.0%
Sun Retreats Long Beach Island(2)RVBarnegatNJ18030100.0%100.0%
Sun Retreats Pleasant Acres Farm(2)RVSussexNJ160140100.0%100.0%
Sun Retreats Sea Isle(2)RVClermontNJ70010100.0%100.0%
Sun Retreats Seashore(2)RVCape MayNJ470210100.0%100.0%
New Jersey Total3,060940100.0%100.0%
New York
CherrywoodMHClintonNY180—100.0%98.9%
Jellystone Park™ at Birchwood Acres(3)MHGreenfield ParkNY——100.0%100.0%
Jellystone Park™ at Birchwood Acres RV Resort(2)(3)RVGreenfield ParkNY140170100.0%100.0%
Jellystone Park™ Lazy River(2)(3)RVGardinerNY20320100.0%100.0%
Jellystone Park™ of Western New York(2)(3)RVNorth JavaNY20340100.0%100.0%
Kittatinny Campground & RV Resort(2)(3)RVBarryvilleNY—540N/AN/A
Parkside VillageMHCheektowagaNY160—98.7%99.4%
Sky HarborMHCheektowagaNY520—97.7%98.7%
Sun Outdoors Association Island(2)RVHendersonNY40270100.0%100.0%
Sun Retreats Adirondack GatewayRVGansevoortNY340—100.0%100.0%
The Villas at Calla PointeMHCheektowagaNY120—100.0%100.0%
New York Total1,5401,64099.0%99.3%
OTHER
Sun Outdoors Orange Beach(2)RVOrange BeachAL—500N/AN/A
Fort Dupont(3)RVDelaware CityDE——N/AN/A
High Point ParkMHFredericaDE410—99.3%98.3%
Jellystone Park™ at Delaware Beaches(2)(3)RVDelaware CityDE40230100.0%N/A
Sea Air VillageMHRehoboth BeachDE380—98.9%99.2%
Sea Air Village RV Resort(2)RVRehoboth BeachDE12020100.0%100.0%
Sun Outdoors Rehoboth Bay(2)(3)RVMillsboroDE40250100.0%100.0%
Sun Retreats Rehoboth BayMHMillsboroDE200—100.0%100.0%
Sun Retreats Rehoboth Bay RV ResortRVMillsboroDE300—100.0%100.0%
Countryside Village of AtlantaMHLawrencevilleGA260—99.6%98.9%
Countryside Village of GwinnettMHBufordGA330—100.0%100.0%
Countryside Village of Lake LanierMHBufordGA550—99.8%99.6%
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
WymberlyMHMartinezGA280—87.7%(1)81.9%(1)
Maple BrookMHMattesonIL440—99.1%99.3%
Oak RidgeMHMantenoIL430—99.3%99.5%
Sun Retreats Millbrook(2)RVMillbrookIL150240100.0%100.0%
Sun Retreats Rock River(2)RVHillsdaleIL280220100.0%100.0%
Jellystone Park™ at Mammoth Cave(2)(3)RVCave CityKY20290100.0%N/A
Sun Outdoors New Orleans North Shore(2)(3)RVPonchatoulaLA10270100.0%N/A
Sun Retreats Cape Cod(2)RVEast FalmouthMA110150100.0%100.0%
Sun Retreats Dennis Port(2)RVDennisportMA24010100.0%100.0%
Sun Retreats Peters Pond(2)RVSandwichMA38030100.0%100.0%
Hyde ParkMHEastonMD240—98.8%99.6%
Jellystone Park™ Williamsport(2)(3)RVWilliamsportMD10230100.0%N/A
Southside LandingMHCambridgeMD100—99.0%100.0%
Sun Outdoors Frontier Town(2)(3)RVBerlinMD60630100.0%100.0%
Sun Outdoors Ocean City(2)(3)RVBerlinMD10390100.0%100.0%
Sun Outdoors Ocean City Gateway(2)(3)RVWhaleyvilleMD40170100.0%100.0%
Jellystone Park™ at Memphis(2)(3)RVHorn LakeMS10150100.0%N/A
Sun Outdoors Yellowstone North(2)(3)RVGardinerMT—70N/AN/A
Coastal EstatesMHHampsteadNC150—98.7%94.8%(1)
Glen LaurelMHConcordNC260—98.8%98.8%
Jellystone Park™ at Golden Valley(2)(3)RVBosticNC—360100.0%N/A
MeadowbrookMHCharlotteNC320—99.7%99.7%
Sun Retreats Nantahala(2)RVSylvaNC6030100.0%100.0%
Stoneridge VillasMHGardnervilleNV——N/A(1)N/A(1)
Sun Villa EstatesMHRenoNV320—100.0%99.7%
Brook RidgeMHHooksettNH90—100.0%100.0%
CrestwoodMHConcordNH320—99.7%99.7%
Farmwood VillageMHDoverNH160—100.0%100.0%
Glen Ellis Family Campground(2)(3)RVGlenNH—300100.0%N/A
Hannah VillageMHLebanonNH80—100.0%100.0%
HemlocksMHTiltonNH100—99.0%100.0%
River PinesMHNashuaNH480—100.0%99.6%
Strafford / Lake Winnipesaukee South KOA(2)(3)RVStraffordNH20130100.0%100.0%
Sun Retreats Westward Shores(2)(3)RVWest OssipeeNH44060100.0%100.0%
Apple CreekMHAmeliaOH180—99.4%98.9%
East Fork CrossingMHBataviaOH350—99.7%99.4%
Oakwood VillageMHMiamisburgOH510—99.4%99.0%
Orchard LakeMHMilfordOH150—97.3%99.3%
Sun Retreats Geneva on the Lake(2)RVGeneva on the LakeOH54090100.0%100.0%
Westbrook Senior VillageMHToledoOH110—100.0%100.0%
Westbrook VillageMHToledoOH340—97.4%97.7%
Willowbrook PlaceMHToledoOH270—99.6%97.4%
Woodside TerraceMHHollandOH440—97.7%96.4%
Pleasant Beach CampgroundRVSherkstonON100—100.0%100.0%
Sun Retreats Amherstburg(2)RVAmherstburgON24070100.0%100.0%
Sun Retreats Sherkston Shores(2)RVSherkstonON1,720240100.0%100.0%
Country Village EstatesMHOregon CityOR520—100.0%100.0%
Forest MeadowsMHPhilomathOR130—88.4%(1)72.9%(1)
Sun Outdoors Bend(2)RVBendOR—120N/AN/A
Sun Outdoors Coos Bay(2)RVCoos BayOR—90N/AN/A
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Sun Outdoors Portland South(2)(3)RVWilsonvilleOR—130N/AN/A
Woodland Park EstatesMHEugeneOR400—100.0%100.0%
Countryside EstatesMHMckeanPA300—97.4%98.7%
Jellystone Park™ at Quarryville(2)(3)RVQuarryvillePA—260100.0%N/A
Pheasant RidgeMHLancasterPA550—99.5%99.6%
River Beach Campsites & RV(2)(3)RVMilfordPA—160N/AN/A
Sun Retreats Lancaster County(2)RVNarvonPA290130100.0%100.0%
Country LakesMHLittle RiverSC140—100.0%100.0%
CrossroadsMHAikenSC170—98.8%94.0%(1)
Crossroads RV ResortRVAikenSC20—100.0%100.0%
Lakeside CrossingMHConwaySC690—99.6%98.4%
Ocean PinesMHGarden CitySC580—99.8%99.8%
Southern PalmsMHLadsonSC190—99.5%100.0%
Sun Outdoors Myrtle Beach(2)(3)RVConwaySC190630100.0%100.0%
Sun Outdoors Pigeon Forge(2)(3)RVSeviervilleTN50260100.0%100.0%
Bear Lake Development LandRVGarden CityUT——N/A(1)N/A(1)
Sun Outdoors Arches Gateway(2)RVMoabUT—110N/AN/A
Sun Outdoors Canyonlands Gateway(2)RVMoabUT—130N/AN/A
Sun Outdoors Garden City Utah(2)RVGarden CityUT—220N/AN/A
Sun Outdoors Moab Downtown(2)RVMoabUT—130N/AN/A
Sun Outdoors North Moab(2)RVMoabUT—190N/AN/A
Sun Outdoors Salt Lake City(2)RVNorth Salt LakeUT—180N/AN/A
47 NorthMHCle ElumWA——N/A(1)N/A(1)
Sun Outdoors Gig Harbor(2)RVGig HarborWA—110N/AN/A
Sun Retreats Birch Bay(2)RVBlaineWA370300100.0%100.0%
Fond du Lac East / Kettle Moraine KOA(2)RVGlenbeulahWI24080100.0%100.0%
Other Total18,0208,36099.3%98.9%
NORTH AMERICA TOTAL129,53024,83098.0%97.4%
UNITED KINGDOM
England
Alberta(2)UKWhitstable, KentEngland3301093.6%94.5%
Amble LinksUKAmble, NorthumberlandEngland670—84.2%91.2%
Ashbourne Heights(2)UKAshbourne, DerbyshireEngland1209093.4%90.4%
BeauportUKHastings, SussexEngland820—89.5%94.3%
Birchington Vale(2)UKBirchington, KentEngland5002096.4%97.3%
Bodmin Holiday Park (formerly Cornwall)(2)UKBodmin, CornwallEngland106052.9%(1)69.2%(1)
Bowland Fell(2)UKSkipton, YorkshireEngland2905091.4%86.0%
Broadland Sands(2)UKLowestoft, SuffolkEngland46015094.4%95.7%
Carlton Meres(2)UKSaxmundham, SuffolkEngland36019087.6%89.3%
ChantryUKWest Witton, YorkshireEngland150—77.7%79.1%
Chichester Lakeside(2)UKChichester, SussexEngland5209093.1%94.2%
Coghurst Hall(2)UKHastings, SussexEngland5002088.4%92.0%
Dawlish SandsUKDawlish, DevonEngland170—89.8%91.6%
Dovercourt(2)UKHarwich, EssexEngland56014088.8%91.0%
Felixstowe BeachUKFelixstowe, SuffolkEngland340—93.2%89.7%
Glendale(2)UKWigton, CumbriaEngland3305077.3%71.4%
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Golden Sands(2)UKDawlish, DevonEngland31014085.0%86.6%
Harts(2)UKIsle of Sheppey, KentEngland47016085.9%87.2%
Hedley Wood(2)UKHolsworthy, DevonEngland7018077.0%(1)66.7%(1)
HenfoldUKDorking, SurreyEngland——N/A(1)N/A(1)
Hengar Manor(2)UKBodmin, CornwallEngland908094.0%80.9%
Malvern View(2)UKStanford Bishop, WorcesterEngland3103090.3%87.2%
Marlie(2)UKRomney, KentEngland39014091.3%90.9%
New Beach(2)UKDymchurch, KentEngland5608090.6%95.5%
Newhaven(2)UKBuxton, DerbyshireEngland8013082.7%79.3%
OaklandsUKClacton on Sea, EssexEngland290—89.8%88.4%
Old KerrowUKIlfracombe, DevonEngland——N/A(1)N/A(1)
Oyster BayUKTruro, CornwallEngland160—77.1%71.3%
Pakefield(2)UKPakefield, SuffolkEngland2903088.3%91.4%
Par Sands(2)UKPar, CornwallEngland2902090.2%92.6%
Pentire(2)UKBude, CornwallEngland1202094.9%92.3%
Pevensey Bay(2)UKPevensey Bay, SussexEngland3505092.6%89.5%
Polperro(2)UKLooe, CornwallEngland806070.3%71.6%
Ribble Valley(2)UKClitheroe, LancashireEngland3002082.6%80.2%
Rye HarbourUKRye, SussexEngland230—96.5%89.3%
Sand le Mere(2)UKHull, YorkshireEngland68022086.5%86.1%
Sandhills(2)UKChristchurch, DorsetEngland1401089.6%88.8%
Sandy Bay(2)UKCanvey Island, EssexEngland4203090.2%80.0%
Seaview(2)UKWhitstable, KentEngland5908095.9%95.6%
Seawick(2)UKClacton on Sea, EssexEngland5808091.6%93.5%
Solent Breezes(2)UKFareham, HampshireEngland2501090.2%91.9%
St. Osyth Beach / Martello Beach(2)UKClacton on Sea, EssexEngland93015092.2%92.3%
Steeple Bay(2)UKSothminster, EssexEngland4409091.8%89.9%
Stowford(2)UKIlfracombe, DevonEngland9093093.5%N/A(1)
Suffolk SandsUKFelixstowe, SuffolkEngland370—93.8%94.4%
Tarka(2)UKBarnstaple, DevonEngland1201091.7%87.3%
Trevella(2)UKNewquay, CornwallEngland19022090.4%88.0%
Waterside(2)UKPaignton, DevonEngland2004087.4%87.4%
West Mersea(2)UKWest Mersea, EssexEngland4004096.8%96.8%
Winchelsea Sands(2)UKWinchelsea, SussexEngland2603081.6%85.1%
Wood Farm(2)UKCharmouth, DorsetEngland14016083.0%83.1%
Yorkshire DalesUKLeyburn, YorkshireEngland130—79.2%83.9%
England Total16,4504,11089.6%89.6%
Scotland
Burghead / Lossiemouth / Silver Sands(2)UKBurghead, MorayScotland62019090.3%85.4%
Scotland Total62019090.3%85.4%
Wales
Brynteg(2)UKLlanryg, CaernafonWales2904084.9%92.5%
Plas CochUKLlanedwen, AngleseyWales330—95.7%95.7%
Property Name · Segment · City / County (UK Only) · State / Country · MH and Annual RV Sites as of 12/31/2024 · Transient RV Sites as of 12/31/2024 · Occupancy as of 12/31/2024 · Occupancy as of 12/31/2023
Wales Total6204090.6%94.2%
UNITED KINGDOM TOTAL17,6904,34089.7%89.6%
COMPANY TOTAL / AVERAGE147,22029,17097.0%96.4%

(1)Occupancy in these properties reflects the fact that these properties are held for future development or are in a lease-up phase following an expansion, redevelopment or initial construction.

(2)Occupancy percentage excludes transient RV sites. Percentage calculated by dividing revenue producing sites by developed sites. A revenue producing site is defined as a site that is occupied by a paying resident or reserved by a customer with annual or seasonal usage rights. A developed site is defined as an adequately sized parcel of land that has road and utility access which is zoned and licensed (if required) for use as a home site.

(3)We have an ownership interest in these properties, but do not maintain and operate these properties.

(4)Occupancy in these properties at December 31, 2023 reflects the redevelopment following asset impairments resulting from Hurricane Ian in October 2022.

(5)Occupancy in these properties at December 31, 2023 reflects the redevelopment following asset impairments resulting from Hurricane Irma in September 2017.

The following tables set forth certain information relating to our Safe Harbor branded marinas as of December 31, 2024.

Marina Property NameCityState / MunicipalWet Slips and Dry Storage Spacesas of 12/31/2024Wet Slips and Dry Storage Spacesas of 12/31/2023
UNITED STATES
NORTHEAST
Connecticut
Bruce & JohnsonsBranfordCT670670
Dauntless(1)EssexCT340340
Dauntless Shipyard(1)EssexCT——
Deep RiverDeep RiverCT310310
Essex Island(1)EssexCT——
Ferry Point(2)Old SaybrookCT300140
Harbor House(3)StamfordCT——
MysticMysticCT260260
Oak Leaf(2)(4)Old SaybrookCT—N/A
Pilots PointWestbrookCT880880
Port Milford(4)MilfordCT90N/A
StratfordStratfordCT210210
Yacht Haven(3)StamfordCT520520
Connecticut Total3,5803,330
Rhode Island
Allen HarborNorth KingstownRI180180
Cove HavenBarringtonRI340340
Cowesett(5)WarwickRI1,1901,190
Greenwich BayWarwickRI550550
Island Park(6)PortsmouthRI——
Jamestown BoatyardJamestownRI110110
New England BoatworksPortsmouthRI230230
Newport ShipyardNewportRI7070
Sakonnet(6)PortsmouthRI420420
Silver SpringWakefieldRI110110
Wickford(7)WickfordRI——
Wickford Cove(7)WickfordRI260260
Rhode Island Total3,4603,460
Marina Property NameCityState / MunicipalWet Slips and Dry Storage Spacesas of 12/31/2024Wet Slips and Dry Storage Spacesas of 12/31/2023
New York
CapriPort WashingtonNY370370
GainesRouses PointNY290290
Glen CoveGlen CoveNY540540
Greenport(8)GreenportNY370420
HaverstrawWest HaverstrawNY900900
Montauk Yacht ClubMontaukNY230230
Post RoadMamaroneckNY5050
Stirling(8)GreenportNY——
Willsboro BayWillsboroNY220220
New York Total2,9703,020
Massachusetts
EdgartownEdgartownMA120120
Fiddler's CoveNorth FalmouthMA200200
Green HarborMarshfieldMA200200
Hawthorne CoveSalemMA450450
Marina BayQuincyMA740700
Onset BayBuzzards BayMA230230
PlymouthPlymouthMA200200
Sunset BayHullMA220240
Vineyard HavenVineyard HavenMA180180
Massachusetts Total2,5402,520
Maryland
AnnapolisAnnapolisMD290290
Bohemia VistaChesapeake BayMD130130
Carroll IslandBaltimoreMD460460
Great Oak LandingChestertownMD390390
Hacks PointChesapeake BayMD7070
Narrows Point(9)GrasonvilleMD390390
OxfordOxfordMD140140
Podickory PointAnnapolisMD310310
ZahnisersSolomonsMD220300
Maryland Total2,4002,480
SOUTHEAST
Florida
Angler HouseIslamoradaFL2020
Berth One Palm Beach(4)(10)Riviera BeachFL—N/A
Burnt StorePunta GordaFL910910
Calusa IslandGoodlandFL620620
Cape HarbourCape CoralFL260260
Emerald CoastNicevilleFL350350
Harborage Yacht ClubStuartFL310310
HarbortownFort PierceFL260350
IslamoradaIslamoradaFL260260
Lauderdale Marine Center(11)Fort LauderdaleFL130130
MarathonMarathonFL160160
New Port CoveRiviera BeachFL360360
North Palm BeachNorth Palm BeachFL120120
Old Port CoveNorth Palm BeachFL210210
Marina Property NameCityState / MunicipalWet Slips and Dry Storage Spacesas of 12/31/2024Wet Slips and Dry Storage Spacesas of 12/31/2023
Pier 77BradentonFL200200
PinelandBokeeliaFL260260
Port Phoenix(12)North Fort MyersFL——
Regatta PointePalmettoFL320370
Riviera BeachRiviera BeachFL2020
Siesta KeySarasotaFL230230
South Fork(11)Fort LauderdaleFL——
West Palm BeachWest Palm BeachFL6060
Florida Total5,0605,200
WEST
California
Anacapa IsleOxnardCA540540
Ballena IsleAlamedaCA420420
BayfrontChula VistaCA620620
Cabrillo IsleSan DiegoCA540540
EmeryvilleEmeryvilleCA460460
Loch LomondSan RafaelCA530530
Marina Bay Yacht HarborRichmondCA800800
Marina Village Yacht Harbor(4)AlamedaCA730N/A
Shelter IslandSan DiegoCA6060
South BayChula VistaCA560560
SunroadSan DiegoCA650650
Ventura Harbor Fuel(4)(13)VenturaCA—N/A
Ventura Isle(13)VenturaCA530530
California Total6,4405,710
OTHER
SportsmanOrange BeachAL770760
Brady MountainRoyalAR580580
AqualandFlowery BranchGA1,6301,570
Bahia BleuThunderboltGA260260
Hideaway BayFlowery BranchGA690690
Savannah Yacht CenterSavannahGA2020
Trade WindsApplingGA320320
Beaver CreekMonticelloKY300280
BurnsideSomersetKY350350
Grider HillAlbanyKY710710
JamestownJamestownKY740740
Wisdom DockAlbanyKY290290
Great IslandHarpswellME140140
Kittery PointKitteryME6060
RocklandRocklandME5050
Belle MaerHarrison TownshipMI540550
Detroit RiverDetroitMI470470
Grand IsleGrand HavenMI450450
Great LakesMuskegonMI470470
Jefferson BeachSt. Clair ShoresMI780900
Toledo BeachLa SalleMI580580
Tower MarineDouglasMI480480
Aqua YachtIukaMS590590
Jarrett Bay BoatworksBeaufortNC4040
Marina Property NameCityState / MunicipalWet Slips and Dry Storage Spacesas of 12/31/2024Wet Slips and Dry Storage Spacesas of 12/31/2023
Kings PointCorneliusNC780780
Outer BanksWancheseNC210210
Peninsula Yacht ClubCorneliusNC480480
Skippers LandingTroutmanNC390390
South Harbour VillageSouthportNC140140
WestportDenverNC620620
Wentworth by the SeaNew CastleNH220220
Crystal PointPoint PleasantNJ170170
Manasquan RiverBrick TownshipNJ240240
LakefrontPort ClintonOH490490
SanduskySanduskyOH550550
Harbors ViewAftonOK160160
Port of San Juan(4)San JuanPR10N/A
Puerto del ReyFajardoPR1,6101,610
BeaufortBeaufortSC130130
BristolCharlestonSC190190
Charleston City(14)CharlestonSC450450
City BoatyardCharlestonSC220220
Port RoyalPort RoyalSC250250
Port Royal LandingPort RoyalSC160160
Reserve HarborPawleys IslandSC230230
Skull CreekHilton HeadSC190190
Eagle CoveByrdstownTN11080
Holly CreekCelinaTN310310
Emerald PointAustinTX590590
Pier 121LewisvilleTX1,0801,080
WaldenMontgomeryTX390390
BluewaterHamptonVA200200
Stingray PointDeltavilleVA220220
Shelburne ShipyardShelburneVT210210
Other Total22,31022,310
COMPANY TOTAL48,76048,030

(1)Wet slips and dry storage spaces from Dauntless Shipyard and Essex Island are grouped into Dauntless.

(2)Wet slips and dry storage spaces from Oak Leaf are grouped into Ferry Point.

(3)Wet slips and dry storage spaces from Harbor House are grouped into Yacht Haven.

(4)Property acquired during the year ended December 31, 2024.

(5)Wet slips and dry storage spaces from Apponaug Harbor are grouped into Cowesett.

(6)Wet slips and dry storage spaces from Island Park are grouped into Sakonnet.

(7)Wet slips and dry storage spaces from Wickford are grouped into Wickford Cove.

(8)Wet slips and dry storage spaces from Stirling are grouped into Greenport.

(9)Wet slips and dry storage spaces from Harrison Yacht Yard are grouped into Narrows Point.

(10)Wet slips and dry storage spaces from Berth One Palm Beach are grouped into Safe Harbor Rybovich.

(11)Wet slips and dry storage spaces from South Fork are grouped into Lauderdale Marine Center.

(12)Marina was converted to a development site, which is undergoing planning and permitting.

(13)Wet slips and dry storage spaces from Ventura Harbor Fuel are grouped into Venture Isle.

(14)Wet slips and dry storage spaces from Ashley Fuels are grouped into Charleston City.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.